Ministry of Finance

Capital Investments in Bank by GOI

Posted On: 07 APR 2017 5:25PM by PIB Delhi

The Government infused a sum of Rs. 25000 crore in 19 PSBs during financial year 2015-16 and Rs. 24997.182 crore into 16 PSBs during the FY 2016-17.The capital is calculated/ provided keeping in view overall macroeconomic scenario, credit estimation, basel requirement and Reserve Bank of India recommendations if any. The Bank-wise details of capital infused into 16 PSBs during FY 2016-17 by Government of India are as under:

 

Rs. In Crore

S.No.

Name of the PSBs

Total allocation

1

Allahabad Bank

451

2

Andhra bank

1100

3

Bank of India

2838

4

Bank of Maharashtra

300

5

Canara Bank

745.182

6

Central Bank of India

1397

7

Corporation Bank.

508

8

Dena Bank

1046

9

Indian Overseas Bank

2651

10

Punjab National Bank

2112

11

Syndicate Bank

776

12

UCO Bank

1925

13

Union Bank of India

541

14

United Bank of India

1026

15

State Bank of India

5681

 

Total

24997.182

 

This was stated by Shri Santosh Kumar Gangwar, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha today.

 

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DSM/KA



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